Announcing a Change in BITBOX Payments


Greetings from the LINK Team.

When we launched LINK, we temporarily assigned it a floor price of USD 5 for payments within BITBOX. Now, however, as we continue to expand LINK’s capabilities as a general crypto asset and further extend its effectiveness outside the LINE ecosystem, we are changing how LINK is valued when used for making BITBOX payments:

[Current Policy] LN given a floor value of USD 5 when used as payment within BITBOX

[New Policy] LN’s value established by market rates

[Advance Notice Period] Three (3) months

[Date of Execution] Within 24 hours from 09:00:00 UTC, December 17, 2019


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